Wedbush Upgrades New York Community to Neutral, Announces $8 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Chiaverini has upgraded New York Community (NYSE:NYCB) from Underperform to Neutral and set a price target of $8.

January 03, 2024 | 3:59 pm
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Wedbush analyst David Chiaverini upgraded New York Community from Underperform to Neutral and set a price target of $8.
The upgrade from Underperform to Neutral by a reputable analyst suggests an improved outlook for NYCB, which could lead to increased investor confidence and potential stock price stabilization or growth in the short term. The announcement of a specific price target provides a benchmark that may influence market perception and trading behavior.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100